The Entry That the Consignee Makes to Record the Commission $\begin{array} { l } \text { Cash } &XX\\\text { Consignment-in }&&XX\end{array}$

question 65

Multiple Choice

The entry that the consignee makes to record the commission earned on a sale of goods held on consignment is

• A)\(\begin{array} { l }
• \text { Cash } &XX\\
• \text { Consignment-in }&&XX
• \end{array}\)
• B)\(\begin{array} { l }
• \text { Consignment-in }&XX \\
• \text { Commissions Earned }&&XX
• \end{array}\)
• C)\(\begin{array} { l l }
• \text { Cash } & \mathrm { XX } \\
• \text { Commissions Earned } & &\mathrm { XX }
• \end{array}\)
• D)\(\begin{array} { l l }
• \text { Consignment-in } & \mathrm { XX } \\
• \text { Cash } & \mathrm { XX }
• \end{array}\)

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Definitions:

Secondary Storage

A non-volatile storage medium used for keeping data permanently, as opposed to the volatile primary storage or main memory.

Input Device

A hardware component used to enter data or instructions into a computer system.

Compiler

A software tool that translates code written in a high-level programming language into a lower-level language or machine code that can be executed by a computer.

High-Level Language

A programming language that is closer to human language, making it easier to read, write, and maintain code.